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Pacific Money

The 21st century is commonly referred to as the 'Pacific Century.' For such a prediction to materialize, the economies of the Asia-Pacific must lead the globe. What challenges will the region face? What nations stand to benefit most? The Diplomat's economics and business blog, Pacific Money, will try to tackle these questions and more.

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Asia Holds a Few Trump Cards in the Global Trade War

Asia Holds a Few Trump Cards in the Global Trade War

By Chayu Damsinghe
Trump started the trade war, but Asia’s response is what matters.
Trade, Tariffs and Trump in Southeast Asia

Trade, Tariffs and Trump in Southeast Asia

By James Guild
The tariffs will disrupt existing production networks and increase costs, while damaging Washington's image and relations with the region.

Parsing ASEAN’s Response to President Trump’s ‘Reciprocal’ Tariffs

Parsing ASEAN’s Response to President Trump’s ‘Reciprocal’ Tariffs

By Hai Hong Nguyen
If the Southeast Asian bloc is to navigate the current economic and geopolitical turbulence, it needs to think and act collectively.

In Indonesia, President Prabowo’s ‘Ivy League Mafia’ Echoes the Past

In Indonesia, President Prabowo’s ‘Ivy League Mafia’ Echoes the Past

By Larry Luckey
The Indonesian leader has surrounded himself with a circle of Western-educated economic advisors resembling the "Berkeley Mafia" that guided Suharto's New Order regime.

How Chinese Investments Are Reshaping Africa’s Steel Industry

How Chinese Investments Are Reshaping Africa’s Steel Industry

By Sena Voncujovi
For China, investing in Africa’s steel industry is a strategic move to relocate surplus production capacity and address slowing domestic demand.
Tariffs and Inflation for the US, Disruption for Indian Supply Chains

Tariffs and Inflation for the US, Disruption for Indian Supply Chains

By Anuradha Chenoy
India must work at making India great as opposed to bending over backwards to help Trump in Making America Great Again.

The India-US Trade Dilemma: Tariffs, Tensions, and the Road Ahead

The India-US Trade Dilemma: Tariffs, Tensions, and the Road Ahead

By Kashif Hasan Khan
New Delhi faces a difficult choice between attempting to ease tariffs through diplomatic channels or imposing counter-tariffs on U.S. goods.
How Sri Lanka is Rewriting its Economic Narrative

How Sri Lanka is Rewriting its Economic Narrative

By Brian R Braun
By prioritizing transparency, the Sri Lankan government aims to rebuild trust with international lenders and investors, a critical step in stabilizing the economy.

Why Grab Wants to Acquire Indonesia’s GoTo for $7 Billion

Why Grab Wants to Acquire Indonesia’s GoTo for $7 Billion

By James Guild
If successful, the deal will create a ride-hailing and delivery giant that would dominate Southeast Asian markets.

Why Mongolia’s Debt Market Is Attracting Strong Investor Appetite

Why Mongolia’s Debt Market Is Attracting Strong Investor Appetite

By Bolor Lkhaajav and Zolbayar Enkhbaatar
While Mongolia’s landlocked position limits its exposure, it is having new success attracting businesses and investments.

Indonesia’s Rupiah Falls to Lowest Level Since Asian Financial Crisis

Indonesia’s Rupiah Falls to Lowest Level Since Asian Financial Crisis

By Sebastian Strangio
A perfect storm of domestic and international uncertainties has pushed the currency toward the all-time low set in mid-1998.
India’s Trade Recalibrations in the Age of Uncertainty

India’s Trade Recalibrations in the Age of Uncertainty

By Soumya Bhowmick
In the Trump 2.0 era, India’s pivot toward bilateral trade deals with trusted Western economies has become a necessity rather than a choice.

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